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Q2: Dangote Cement invests $3bn on plants, grinding terminals across Africa …. employs 27,952 Nigerians in 2017

Group Chief Executive Officer of Dangote Cement, Joe Makoju has revealed that the company has invested a whopping $3B to build manufacturing plants and import/grinding terminals across Africa. The company’s operations, according to Makoju are in Cameroon (1.5Mta clinker grinding), Congo (1.5Mta), Ghana (1.5Mta import), Ethiopia (2.5Mta), Senegal (1.5Mta), Sierra …

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Ecobank Transnational Incorporated announces Patrick Akinwuntan as Managing Director & Regional Executive – designate of Ecobank Nigeria

    The Board of Directors of Ecobank Transnational Incorporated (ETI) (www.Ecobank.com) has announced the appointment of Patrick Akinwuntan as the Managing Director & Regional Executive – designate of Ecobank Nigeria, subject to applicable regulatory approvals. Prior to this appointment, Patrick was the Group Executive, Consumer Banking responsible for leading the Consumer Banking business across Ecobank’s global network of 40 countries, 36 of which are in Africa. As a seasoned banker with over …

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Amaechi says funding major challenge to transport infrastructure development in Africa

By Taiye Elebiyo-Edeni   Minister of Transportation, Mr Rotimi Amaechi has said that funding was the major challenge facing development of transport infrastructure in Africa. Amaechi stated this on Monday during the Annual General Meeting of the Sub-Sahara Africa Transport Policy Programme (SSATP) held in Abuja. The meeting with the …

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President Buhari calls for repatriation of stolen assets without legal obstacles

 President Muhammadu Buhari Sunday in Nouakchott, Mauritania called on nations where looted assets have been stashed to release them without the usually long technicalities involved in the process of reptriation .Speaking during his introductory remarks as the leader of the African Union theme of the year, Winning the Fight against …

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For the 8th Consecutive Year, Protea Hotels by Marriott named Coolest Hotel Brand in South Africa

The prestigious Generation Next Survey is an industry benchmark for brands in South Africa  In an announcement highlighting the brand’s appeal in the South African market, Marriott International (NASDAQ: MAR) (www.Marriott.com) Tuesday announced that Protea Hotels by Marriott® (www.ProteaHotels.com), has been named the country’s Coolest Hotel Brand in the Sunday …

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President Buhari’s visit to Morocco: Six quick Takeaways – by Garba Shehu

 FACT: The Federal Government’s programme of Disarmament, Demobilisation and Reintegration (DDR) of former agitators in the Niger Delta region of the country as part of the Amnesty Programme brought calmness to the country at its commencement. It floundered and wobbled due to irregularities until the administration of President Muhammadu Buhari put …

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Folorunso Alakija’s Foundation celebrates 10 years of providing succour for widows, orphans

Rose of Sharon (http://TheRoseOfSharonFoundation.org) who first opened their doors to widows and orphanages exactly a decade ago on the 23rd of May, 2008 is celebrating their 10th anniversary. The Rose of Sharon Foundation was founded by Mrs Folorunso Alakija (http://FolorunsoAlakija.com/foundation) to guarantee the financial independence & educational opportunities for widows …

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